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3019 Dupont S St Gulfport, Florida 33707 MLS# MFRTB8351735
Under contract-accepting backup offers. Hurricane Helene is being referred to as a “One in a hundred-year storm”. Many homes and businesses in Gulfport were flooded, which is creating a temporary downturn in the market. GULFPORT WILL REBUILD SO TAKE ADVANTAGE OF THIS OPPORTUNITY TO BUY AT DRAMATICALLY REDUCED PRICE! Located on Dupont St. in Gulfport’s Art District, this 2 Bedroom/2 Bath home has block construction, an oversized kitchen and a newer roof (2020). Only a short 5 min walk from downtown provides easy access to Gulfport’s restaurants, bars and festivals for you or your guests. Home has been rented during Snowbird Season in the past for $4500/month! This home was flooded during Hurricane Helene, but repairs would be minimal to get this home put back to its original beauty. Appraisal was just completed and the structure was valued at $326,000 so repairs would be well below FEMA limits. Several homes on the block are under construction &/or have submitted permits to build a new, elevated home. When completed, these homes will likely be valued at $1M or more! Real Estate Rule #1: Location, location, location. Real Estate Rule #2: Buy the smallest home in the best neighborhood. If the buyer does not want to repair the existing home, the seller has preliminary plans for a 3 Bedroom/2 Bath elevated home.
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